CPI dips in Palestine

Published April 15th, 2013 - 12:27 GMT
Inflation dipped in Palestine last month, according to new statistics (Getty Images)
Inflation dipped in Palestine last month, according to new statistics (Getty Images)

The overall Consumer Price Index (CPI) for the Palestinian Territory decreased in March by 0.50% compared to the previous month, the Palestinian Central Bureau of Statistics (PCBS) said Sunday.

It said CPI decreased by 0.28% in the West Bank, 0.29% in the Gaza Strip and by 0.68% in Jerusalem.

March CPI increased by 1.00% when compared to March 2012 - 2.21% in the West Bank, 0.86% in Jerusalem, while it decreased by 0.33% in Gaza Strip.

The change in CPI for March was attributed to decrease in fresh vegetables prices, which decreased by 10.45%, potatoes and other tubers by 9.49%, eggs by 9.88% and sugar by 3.30%.

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